Considering a Reverse Mortage
With the “Baby Boomer” generation nearing retirement I thought it may be a good time to refresh Reverse Mortgages… A reverse mortgage is a loan available to people over 62 years of age that allows a borrower to convert part of the equity in their home into tax-free income. Reverse mortgages were developed as a means to help people in or near retirement with limited income. The loan is… read more